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Technology Stocks : Read-Rite

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To: La Traguhs who wrote (4083)9/26/1998 2:52:00 AM
From: Dennis R. Duke   of 5058
 
Last time I looked at this, which was at the last quarter RDRT had plenty of room on it line of credit to lose money this quarter and still have loads of line-of-credit operating capital.

Tell me more about the rumor. I am wondering if the shorts are at work or if the Company is making expansion plans beyond what I recall their lines of credit to be.

Thanks, Dennis
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